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COALINDIAMARKET OUTLOOKSTOCK OUTLOOK

Coal India Outlook for the Week (February 19, 2024 – February 23, 2024)

Coal India
Coal India
Coal India closed the previous week on a negative note losing 11.80%.

Technically, Coal India share price will see immediate support at 444.17 and immediate resistance would be seen at 501.72.

If Coal India share price closes below immediate support of 444.17, then sharp breakdown can be seen. Coal India share price will see major support at 408.33 for the week.

On the positive side, immediate resistance will be seen at 501.72. Closing above 501.72, Coal India share price will see a sharp breakout. Major resistance for Coal India share price will be seen at 523.43 for the week.

Trading range for Coal India share price for this week should be between 386.62 on down side and 559.27 on up side.

Coal India Previous Week High: 487.6

Coal India Previous Week Low: 430.05

Coal India Previous Week Range: 57.55 Points

Coal India share price support and resistance for the week (February 19, 2024 – February 23, 2024)

Level Type Value
Resistance 3 559.27
Resistance 2 523.43
Resistance 1 501.72
Support 1 444.17
Support 2 408.33
Support 3 386.62
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